Sunstone Hotel Investors

Sunstone Hotel Investors, Inc. is a real estate investment trust, which engages in the acquisition, ownership, asset management, and renovation of hotels and resorts. Its portfolio consists of upper upscale hotels located in major convention, resort destination, and urban markets. The company was founded by Robert A. Alter in 1995 and is headquartered in Irvine, CA.

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Earnings data Q4 2024

Sunstone Hotel Investors excels in Q4, eyes EBITDA growth

Sunstone Hotel Investors showcased strong operational performance and strategic investments in Q4 2022.
The company's focus on capital recycling, portfolio optimization, and margin growth positions it well for future success.
Despite challenges in stabilizing margins and credit market conditions, Sunstone remains optimistic about EBITDA growth and value creation opportunities.
Investors can anticipate continued growth, enhanced profitability, and strategic expansion in key markets.

Sunstone Hotel Investors exceeds Q1 expectations, poised for growth

Sunstone Hotel Investors delivered a robust performance in Q1 2023, surpassing expectations with strong revenue growth and operational efficiency.
The company's focus on diversifying demand, optimizing non-room revenue, and maintaining a healthy liquidity position positions it well for future growth.
While facing challenges in market trends and operational complexities, Sunstone remains poised to capitalize on opportunities for revenue enhancement and strategic expansion.
Overall, Sunstone's solid financial performance, strong balance sheet, and positive outlook for 2023 signal a promising trajectory for the company's growth and value creation.

Sunstone Hotel Investors (SHO) exceeds Q2 guidance, eyes capital recycling

Sunstone Hotel Investors (SHO) delivered strong Q2 performance driven by urban and convention hotels, despite challenges in the resort segment. The company's proactive approach to capital investment projects and shareholder returns, along with a focus on liquidity and financial outlook, positions it well for future growth. Anticipated rate deterioration in the third quarter and short-term demand visibility challenges highlight areas for strategic adjustments.

Sunstone Hotel Investors (SHO) surpasses Q3 earnings expectations amidst challenges

Sunstone Hotel Investors (SHO) delivered strong Q3 performance, highlighted by exceeding earnings expectations and a focus on creating value through strategic investments and capital redeployment. Despite challenges like the Maui fires, the company maintains a strong liquidity position and is optimistic about future opportunities.

Sunstone Hotel Investors (SHO) surpasses Q4 expectations, eyes growth opportunities

Sunstone Hotel Investors (SHO) reported strong Q4 performance, exceeding earnings guidance and returning value to shareholders through dividends and share repurchases.
Strategic investments in properties and capital recycling initiatives are driving positive results, while detailed growth plans for 2024 indicate a proactive approach.
Despite market challenges, SHO's focus on portfolio optimization and growth opportunities like the Andaz property positions them for continued success.

Sunstone Hotel Investors reports solid Q1 performance and strategic growth

Sunstone Hotel Investors navigated industry challenges in Q1 2024 with strong portfolio performance and strategic acquisitions. The company's focus on capital recycling, growth opportunities, and maintaining a balanced portfolio positions it for future success. Q2 is expected to be a transition quarter with significant earnings growth anticipated into 2025.

Sunstone Hotel Investors (SHO) reports resilient Q3 performance and strategic growth plans

Sunstone Hotel Investors (SHO) navigated challenges to deliver positive performance in Q3 2024, driven by group and business travel.
The company's strong balance sheet, capital investment activities, and strategic plans position it well for future growth.
Despite headwinds, Sunstone Hotel Investors (SHO) remains focused on enhancing shareholder value and operational efficiency.

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Sunstone Hotel Investors, Inc. is a real estate investment trust, which engages in the business of acquisition, active ownership, and disposition of well-located hotel and resort real estate. Its portfolio includes upper upscale and luxury hotels located in major convention, resort destinations, and urban markets. The company was founded by Robert A. Alter in 1995 and is headquartered in Aliso Viejo, CA.

STAG Industrial

Investors interested in stocks from the REIT and Equity Trust - Other sector have probably already heard of Sunstone Hotel Investors (SHO) and Stag Industrial (STAG). But which of these two stocks offers value investors a better bang for their buck right now?

SHO or STAG: Which Is the Better Value Stock Right Now?

ALISO VIEJO, Calif., April 11, 2024 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO) today announced that its upcoming 2024 Annual Meeting of Stockholders (the "Annual Meeting") will now be held at the Company's headquarters at 15 Enterprise, Suite 200, Aliso Viejo, California 92656.

SUNSTONE HOTEL INVESTORS ANNOUNCES CHANGE IN LOCATION OF 2024 ANNUAL MEETING OF STOCKHOLDERS

ALISO VIEJO, Calif. , April 10, 2024 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO) announced that it has entered into a definitive agreement with an affiliate of Hyatt Hotels Corporation to acquire the fee-simple interest in the 630-room Hyatt Regency San Antonio Riverwalk (the "Hotel").

SUNSTONE HOTEL INVESTORS TO ACQUIRE HYATT REGENCY SAN ANTONIO RIVERWALK

ALISO VIEJO, Calif. , April 2, 2024 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO) announced that it will report financial results for the first quarter 2024 on Monday, May 6, 2024, before the market opens.

SUNSTONE HOTEL INVESTORS SCHEDULES FIRST QUARTER 2024 EARNINGS RELEASE AND CONFERENCE CALL

Empire State Realty Trust

Investors looking for stocks in the REIT and Equity Trust - Other sector might want to consider either Empire State Realty Trust (ESRT) or Sunstone Hotel Investors (SHO). But which of these two stocks presents investors with the better value opportunity right now?

ESRT or SHO: Which Is the Better Value Stock Right Now?

Investors interested in stocks from the REIT and Equity Trust - Other sector have probably already heard of Empire State Realty Trust (ESRT) and Sunstone Hotel Investors (SHO). But which of these two companies is the best option for those looking for undervalued stocks?

ESRT vs. SHO: Which Stock Is the Better Value Option?

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Hotel REITs experienced a significant drop in share value during the COVID-19 pandemic but have since recovered and outperformed the Vanguard Real Estate ETF. Consumer spending is shifting towards services like travel and leisure, which bodes well for Hotel REITs. Hotel REITs have posted the fourth-best total returns among REIT sectors in 2024, indicating their potential for future growth.

Picking A Winner In Hotel REITs

Sunstone Hotel Investors' preferred dividends are well covered and offer a reliable stream of quarterly dividends. The FFO and AFFO performance of Sunstone indicate the stock is currently relatively attractively priced while the preferred stock is very attractive. The H-series preferred shares have a higher yield and are more likely to be called, making them a better investment option at this point in time.

Sunstone Hotel: The 7% Yielding Preferred Shares Are Still Interesting

Sunstone Hotel Investors, Inc. (SHO) Q4 2023 Earnings Call Transcript

Although the revenue and EPS for Sunstone Hotel (SHO) give a sense of how its business performed in the quarter ended December 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Here's What Key Metrics Tell Us About Sunstone Hotel (SHO) Q4 Earnings

Sunstone Hotel Investors (SHO) came out with quarterly funds from operations (FFO) of $0.19 per share, beating the Zacks Consensus Estimate of $0.16 per share. This compares to FFO of $0.26 per share a year ago.

Sunstone Hotel Investors (SHO) Q4 FFO and Revenues Surpass Estimates

Returned Nearly $120 Million to Common Stockholders in 2023 Through Dividends and Share Repurchases ALISO VIEJO, Calif. , Feb. 23, 2024 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO) today announced results for the fourth quarter and full year ended December 31, 2023.

SUNSTONE HOTEL INVESTORS REPORTS RESULTS FOR FOURTH QUARTER AND FULL YEAR 2023

Sunstone Hotel (SHO) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Should You Buy Sunstone Hotel (SHO) Ahead of Earnings?

Beyond analysts' top -and-bottom-line estimates for Sunstone Hotel (SHO), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended December 2023.

Sunstone Hotel (SHO) Q4 Earnings Preview: What You Should Know Beyond the Headline Estimates

Investors looking for stocks in the REIT and Equity Trust - Other sector might want to consider either Pebblebrook Hotel (PEB) or Sunstone Hotel Investors (SHO). But which of these two companies is the best option for those looking for undervalued stocks?

PEB or SHO: Which Is the Better Value Stock Right Now?

ALISO VIEJO, Calif. , Jan. 25, 2024 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO) announced the following tax treatment of the 2023 distributions to holders of the Company's common stock and Series H and Series I preferred stock.

SUNSTONE HOTEL INVESTORS ANNOUNCES TAX TREATMENT OF 2023 DIVIDENDS

Alpine Income Property Trust

Investors looking for stocks in the REIT and Equity Trust - Other sector might want to consider either Alpine Income (PINE) or Sunstone Hotel Investors (SHO). But which of these two stocks offers value investors a better bang for their buck right now?

PINE vs. SHO: Which Stock Is the Better Value Option?

ALISO VIEJO, Calif. , Jan. 3, 2024 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO) announced that it will report financial results for the fourth quarter and full year 2023 on Friday, February 23, 2024, before the market opens.

SUNSTONE HOTEL INVESTORS SCHEDULES FOURTH QUARTER 2023 EARNINGS RELEASE AND CONFERENCE CALL

Sunstone Hotel Investors is paying out a 2.76% base annualized dividend yield. The REIT also declared a 6 cents per share end-of-year supplemental. The REIT is trading hands for 11x its price to annualized fiscal 2023 third-quarter adjusted forward funds from operations. This is at a premium to some of its peers. GAAP NAV per share of $8.79 at the end of the third quarter was up over its year-ago comp but this has trended down over the last 5 years.

Sunstone Hotel Investors: Should You Buy The 2.76% Commons Dividend Yield?

ALISO VIEJO, Calif. , Dec. 6, 2023 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO) today announced that its Board of Directors has declared a fourth quarter dividend of $0.13 per share of common stock.

SUNSTONE HOTEL INVESTORS DECLARES FOURTH QUARTER DIVIDEND ON COMMON STOCK

Sunstone Hotel Investors, Inc. (NYSE:SHO ) Q3 2023 Earnings Call Transcript November 7, 2023 12:00 PM ET Company Participants Aaron Reyes - Chief Financial Officer Bryan Giglia - Chief Executive Officer Robert Springer - President and Chief Investment Officer Conference Call Participants Dori Kesten - Wells Fargo Smedes Rose - Citi Duane Pfennigwerth - Evercore ISI Michael Bellisario - Baird Chris Woronka - Deutsche Bank Anthony Powell - Barclays Floris Van Dijkum - Compass Point Operator Good morning, ladies and gentlemen, and thank you for standing by. Welcome to the Sunstone Hotel Investors Third Quarter 2023 Earnings Call.

Sunstone Hotel Investors, Inc. (SHO) Q3 2023 Earnings Call Transcript

Although the revenue and EPS for Sunstone Hotel (SHO) give a sense of how its business performed in the quarter ended September 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Sunstone Hotel (SHO) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates

ALISO VIEJO, Calif. , Nov. 7, 2023 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO) today announced results for the third quarter ended September 30, 2023.

SUNSTONE HOTEL INVESTORS REPORTS RESULTS FOR THIRD QUARTER 2023

ALISO VIEJO, Calif. , Oct. 26, 2023 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO) today announced that it has completed the sale of the 1,060-room Boston Park Plaza (the "Hotel") for a gross sale price of $370 million, or approximately $350,000 per key.

SUNSTONE HOTEL INVESTORS ANNOUNCES THE DISPOSITION OF BOSTON PARK PLAZA

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While it's an uncomfortable topic, every investor must face the prospect of stocks to sell. Like it or not, market success doesn't just come down to picking winners.

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